Transparency: Making Pharmacy Benefits Clear

Transparency in pharmacy benefits is crucial for plan sponsors' fiduciary duties. Optum Rx ensures transparency through eight key methods:

• Independent drug evaluation by an unbiased P&T Committee
• Multiple formulary choices to meet plan goals
• Flexible pricing models like pass-through and cost-plus
• Private-label medication for cost control
• Audit rights for plan performance validation
• Pricing guardrails to manage volatility
• Tools for physicians to access real-time formulary data
• Consumer guidance via price comparison tools

This transparency offers full visibility into pharmacy spending, aiding informed decisions on benefits. Read the white paper to learn more.